2023-03-23 08:26:25 ET
- Society Pass press release ( NASDAQ: SOPA ): Q4 gross margin percentage improved to 25.5% from -6.5% in 4Q 2021.
- Revenue of $2.64M (+528.6% Y/Y) misses by $0.95M .
- With cash on hand of $18.9M and book value of $20.3M on 31 December 2022, SoPa is well capitalised for the expected roll out of Society Pass loyalty platform in 2Q 2023 and continuing acquisitions of SEA companies in loyalty, lifestyle, food & beverage delivery, telecommunications, digital media, and travel verticals for the rest of 2023.
For further details see:
Society Pass reports Q4 results